• RFP/RFQ Eval Parameter: This option allows you to define evaluation criteria for comparing vendors. You can assign weightage to each parameter so that proposals and quotations are scored fairly based on business priorities.
• Request For Proposal: Through this feature, you can create and issue detailed proposal requests directly in the system. Vendors can review requirements and submit their responses through the portal, ensuring a controlled and organized process.
• RFP Evaluate Proposal: This section helps you review and compare proposals submitted by vendors. You can check executive summaries, pricing details, documents, and other information before shortlisting the best option.
• RFP Respond To Query: Vendors may raise questions regarding the proposal. Through this option, you can view and respond to their queries, ensuring clarity and smooth communication before moving ahead.
• Request For Quotation: Once the proposal stage is finalized and requirements are clear, you can formally invite vendors to submit their quotations. This ensures pricing is shared based on mutually understood terms.
• RFQ Evaluate Proposal: After vendors submit their quotations, this feature allows you to review and compare pricing, terms, and other commercial details for proper evaluation.
• RFP/RFQ Evaluate Summary: This section provides a consolidated summary of evaluation results for all proposals and quotations. You can compare overall scores, rankings, and performance in one place, helping you make a transparent and well-informed final decision.